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SCMN 2150: Supply Chain Technology Questions and Answers.

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supply chain managers can only derive valuable insights from data that is: - Answer -accurate -accessible -relevant -timely -transferable -reliable -usable connectivity - Answer -standardize applications and platforms -foster many-to-may relationships -enable trade exchanges collaboration - Answer -share real-time data with partners -align individuals & organizations -standardize processes and practices execution - Answer -improve transportation, distribution, inventory, & order management -expedite financial settlements =measure performance results optimization - Answer -implement new tools & processes -eliminate inefficiencies -leverage cost savings across communities visibility - Answer -track inventory flow -update order statues in real time -manage incidents speed - Answer -increase responsiveness -improve adaptability -access information in real time

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SCMN 2150: Supply Chain Technology
Questions And Answers.
supply chain managers can only derive valuable insights from data that is: - Answer -accurate

-accessible

-relevant

-timely

-transferable

-reliable

-usable



connectivity - Answer -standardize applications and platforms

-foster many-to-may relationships

-enable trade exchanges



collaboration - Answer -share real-time data with partners

-align individuals & organizations

-standardize processes and practices



execution - Answer -improve transportation, distribution, inventory, & order management

-expedite financial settlements

=measure performance results



optimization - Answer -implement new tools & processes

-eliminate inefficiencies

-leverage cost savings across communities



visibility - Answer -track inventory flow

-update order statues in real time

-manage incidents



speed - Answer -increase responsiveness

-improve adaptability

-access information in real time

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